Skip to main content
See every side of every news story
Published loading...Updated

Why Warren Buffett Bet Nearly $1 Billion on Steel — And Why You Should, Too

Summary by 247wallst.com
Warren Buffett’s Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) has long viewed Nucor (NYSE:NUE) as a cornerstone of value investing. The Oracle of Omaha first scooped up shares in the 1990s, drawn to Nucor’s innovative electric arc furnace technology that revolutionized low-cost steel production.  Over decades, this stake has symbolized Buffett’s faith in resilient, cash-generating industrial giants. Nucor, America’s largest steel producer, has re…

2 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

The Motley Fool broke the news in Alexandria, United States on Tuesday, September 16, 2025.
Sources are mostly out of (0)
News
For You
Search
BlindspotLocal